Coterra Energy (CTRA) reported robust Q3 2025 results characterized by aggressive growth through major acquisitions and strong commodity price performance, particularly in Natural Gas.
Strategic Transactions & Asset Growth: In January 2025, the company closed two significant Delaware Basin acquisitions: Franklin Mountain Energy (FME) for \(2.5B (\)785M in stock) and Avant assets for \(1.5B cash, totaling over \)4.0B consideration. This drove a substantial 14% increase in equivalent production and a surge in PP&E, which grew by \(4.28 Billion to \)22.17 Billion net. Pro forma revenue for the fir
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